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Mayor Adams eyes NYC property tax breaks as co-ops, condos face crunch from ‘green’ mandate

/ Owner - February 12, 2024

Mayor Eric Adams said he’d consider property tax breaks for middle-class co-op and condo owners who have to pay for pricey building upgrades when a new “green” mandate icks in.  Hizzoner said he was open to tax abatements as anxious residents brace for the costs of Local Law 97, which covers 800,000 co-op and condo apartments.   Read the article…………………………….

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